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... first the bubble will be searching for jobs when the bar by bar Barber's and Iverson of buying ... and also to buy will it be Brett Aarons right that the GOP Debate ... welcomed opinion Journal I've her with our editorial page editor Paul B Gopal place for joining us I James but due to be the first half hour show very exciting and that's what I ... should be a lot of football excitement that the president is addressing a joint session of Congress and ... first all before we get to whether to reset ... my excitement as the start of the NFL see ... that's not the ... average ... forward to make ... some tough competition by competing with the NFL pre game show which will not get NBC but I went to the cable networks ... and I am at Lambeau field day with a bunch of ... musical acts it's it's it's gonna be tough to Isabel la Kidron I'll wait to see what the ratings were buzzing ... what ... was going for those who tune in then certainly members of Congress have to do and they're pretty much obligated to sit there was no ... what's of ... what you think they will expect what are you expecting from the president's remarks while going on in a bid to see if there's a big surprise sometimes are just so I'm not going to bet that we know everything that based on their and their their tweaking so fond of background with reporters are basically saying ... it's can be what we've seen the last two-and-a-half years ... with a bell and whistle here and it's been the extension of the payroll tax cut for another year maybe a new jobs credit ... tax credit for businesses and hire temporary non permanent images to get the economy moving here and in the short term it's a more hiring ... to be more infrastructure spending ... things like that on more of the city in the article that stimulus or don't expect the present use that word of the site of a band that holds ... court on Monday so the area's twenty investment investment in the sun isn't that so what's the whole Infrastructure idea ... I think the reason I felt like in the infrastructure is it if you believe that this is going to juice the economy the way ... modern environmental reviews work the way ... the way planning networks for for the wet road and bridge projects you get all the stuff for years anyway so any jobs created or that the ... alligators in the future that was with the problem with the president said he acknowledged that later we said shovel ready ... we did know that there was no such thing as a troubled brand ... many who we met today with somebody from the Alberta ... Canada profits ... energy Minister ... Malcolm they help shovel ready project right states that they are the keys to the airline ... which would be worth it with thousands to tens of thousands of jobs if the State Department would approve it ... that ... is about the shovel ready as you can get that generally speaking ... infrastructure spending takes a lot of time ... the Aztecs provisions of ... the ... Democratic line knows what the Republicans have always been demanding the ... tax cuts and now you're not supporting the president was enough ... when he's ... suggesting a payroll tax cut and I so they would probably take this in charge of the Wall Street Journal editorial board so I know the facts get twelve again able ... but there are tax cuts and there are tax cuts somewhere better than this we've always argued that we don't think temporary tax cuts and eighty nine ... work very well because ultimately what you want with tax cuts you want them to change the incentives ... to work to invest ... up to basically change behavior of a permanent basis temporary tax cuts are by definition ... not changing behavior on a permanent basis ... so there are no point ... in you have a payroll tax in using awarded give you ... and right now the current payroll taxes only goes to employees ... so that doesn't affect employer because of what say the president expresses ... was extended to the employ of what's going in the sense that it will reduce employee of costs ... but if the says with a ... toy for your right ... then ALM that employee is to still cost me more he's gotta figure ... still think the decision to hire based on what the long-term costs are ... sealed at the same kind of employer bidding for the BBQ might ... we say a big corporate tax cut ... or with them across the board income tax cut that applied to small businesses individuals ... and companies ... that's where I think the president ought to go ... if you propose something like that ... then you might see a big ... the reaction from ... Republicans more receptive ... and baby from from from this dispute what does seem to be a huge opportunity there in terms of ... tax reform and the individual rates are to sort of politicize that he's locked in the fighting ... so-called millionaire's the you would do what I said that's what I would do if I want if I were him I wanted to change the debate between now and election ... and certainly I'm the only imagine the business reaction that the market reaction the investor reaction if he said we're going to do at ... a corporate tax reform that lowers the REIT's ... gets rid of but some deductions so that the of the Treasury will continue to collect the just as much revenue like that ... I would be surprised if he did the corporate tax reform ... proposal ... because he's already on ... record as saying on for corporate tax cut ... in for corporate tax reform ... the double there would be in the de tails and what they want to use to ... direct what they would propose ... to raise revenues to counteract whatever revenues ... they think the tax cut for those of us is the problem with a presence approach ... one more spending ... and raise deficit impact ... for it comes to tax cuts sadly says Oh my God we can have them ... because of the deficit ... so im particularly when it comes to cutting ... marginal rates on individuals and on companies ... so ... you know I think ... I think she's middleweight boxing himself in ... the program at a policy point of you when he ought to be ... thinking much more broadly because if you look at what he's proposing what ... the last two-and-a-half years ... has a work tool doesn't work but we want to be optimistic for lease the next twenty four hours but about what we might go ... an interesting experience last week where the ... Environmental Protection ... Agency pullback and some of ... also the pollution rules with a ... very costly to the original source and the president a ... vice like the rest of the ... these are all that came into ... it but but at least the ... that decision get a sense that maybe he's saying we need a policy certainly need to think about broken and so that ... all I think there ... is no question that were in about ... about the economy of the president's falling approval ratings ... which are rooted to substantial degree in the economic problems ... that was a good sign and I would be a bit surprised to see him say we're point even do even more on the regulatory for ... but given the backlash she got it specifically on that environmental group the ozone ... rule ... I don't think you'll see him back to for example on the carbon ... during the endangerment finding it yet I don't think you'll back down a couple of the other Baig ... rules the Mercury rule for example to their costs ... what ... if or optimistic maybe he will say you know what for two years or three years the Commons in such bad shape ... let's have that kind of a moratorium ... I welcome ... that of our relations with some good baseball our thanks to ... them what they thought I will be back to the mall that of a talk about tonight's Republican debate ... business Rick Perry's night at the GOP presidential debate welcome back opinion Journal I've her with our ... mean Street columnist Bill McGurn Bill the surveyor thank you ... and of course of former speechwriter to President Bush signed you up you ... know the territory are as of the candidates about to take the cases of ... a Republican debate tonight at eight o'clock from the Reagan Library California right ... now ... BlackBerry governor of Texas ... he's you have a problem in terms of expectations here because he's the new guy coming in ... the default is obviously is on MTV should be of them ... were expected but it should is seen as a silly question he's a new entrant he's a big on ... Governor taxes he knows he said ... nearly half the jobs being created last years come from the state that unites a big dog and so ... the polls reflect that people are looking for someone ... that has an alternative present Obama speech tonight we find out whether ... going with a housing loan term whether he gets a persuasive altar ... one in terms of expectations what you think yesterday that ... the CF to simply show that he is a serious guy ... and not the crazy and not make a mistake urgency and I think the expectations that the need to know what it does need to know that that this is a long drawn out process if you look to where we were at ... the time the last time around ... I think it's fine John McCain in eleven percent of the boat Rudy Giuliani was on top ... there's a lot of things that can happen ... their lot expectations on him look the way I see it that debate is between two groups the governor's ... Romney and carry him out of the fire brands Michele Bachmann and so forth ... and each has the benefit Michele Bachmann relieved ... grouses people and can say she gets the top ... gets people up there and so forth but to ... show them the governing experience Perry ... twelve to find out whether he can ... take on the fire in charge we are with the can prove these persuasive ... conservative voters ... but he also is benefit saying I have a record ... and then there's a problem that you know people can take a director ... Mitt Romney who ... always ... fall behind in the national polls Mr Parry by double digits ... he still seems to be kind of acting like a file ... in that it's a it's a fairly careful cautious approach ... if there were other from the team and not saying it would be right in but what would you tell him going in to buy my thinking and I think he actually from the hand that each of which I don't think it's good he he has a health care and ... in any year when everyone's anti health care ... and support he's also been around the block from before and so on on the main cities up there ... and ... to the three videos ... but last Friday benefited the temple and see exploded in from Tim Plenty of each and the top ... he and a ... fastball ... right down the middle of any draft ... that was what really helped the governor on the last time so this time I think the US Open saying ... the governor Perry will be a little more from the double this time and then that Governor Plenty Wednesday with ... all the talk button carried probably a more aggressive more ... she lets investors wanting what you are interested to see how the candidates team up on someone you know whether ... it would be ... who they see is the biggest threat my guess is they see Governor Perry is the biggest threat ... so we might have some unusual coalitions of ... people you know tag teaming Governor Perry but will find out is to make for a lot of strange bedfellows ... as I've been asking you about the sort of position the end of the political and that that that is there something you're looking for on substance and it would receive the next but I mean once you become policies that you agree with ... and can explain them I mean they're like candidates have liked in the pants ... he didn't seem to be Obel to explain their policies to be polite but Governor Plenty Axioma reasonable ... program and support the just was unable to close the deal so it's not enough to have ... good policies you have to be Obel to persuade people ... that that you have them in you can persuade your fellow American Stewart ... were doubters this is probably going to be possible in action for governor Perry in that I think what people are are are excited about among Republican voters who've gone to heaven what there's about to this point is the Texas track By ... which over the last decade it's ... pretty phenomenal in terms of ... job growth that ... and certainly in terms that legislation is enacted the ... boat old loser pays the provision of admissions ... of people and lawyers to brand of going from Paris to nice ... read economic environment ... what ... is is Governor Perry but the person ... is that presentation going to match that ... Texas record with us to find out I mean I think that's what people are tuning in and that's what primaries are down to see ... who can take the public eye who can survive who not only has the right qualifications on paper ... who's the president who can really ... who understands them and who can explain ... and sometimes you never know until it gone through it some people do it ... a giant belly flop you know I thought I thought Fred Thompson was the victim and last time and ... and maybe dominating the ... didn't seem like you woke up until last and it's that ... you were sure it would lead to the president and that's a problem ... last thing I just did serves about ... the rise of Rick Perry lately obviously it's been a problem for Mitt Romney now for the credulously Falls but ... also Michele Bachmann fighting with ... Mr Parry for that the conservative base vote ... do you think she's ... a legit contender could win Iowa or does she need carried into a self destruct up ... to create an opening for of for another concern I think she's a mean there's certainly a number of people that to them ... she's attracted to you and then last to be she was very for the double what the Republican contenders there she looks ... much tougher than they did and didn't look ... like ... the crazy firebrand side I think a writer all would be a big big mistake ... the problem is she's she's a congresswoman and it's you know it that's a rare for someone to go from at the Oval Office ... the people like to see Governor to see his record gives you some idea what he would do ... I agree with the all the above ... you could see more threats but the former boy ... Twitterati ... results won't do that to you know it's strange years debt will say to break the spell thank you ... but there were no arm ... the Goudou of it back to school and now on for this so ... we're joined by a Emmylou you may recall is the head of the American Council trustee's alumni things for joining us to say ... that we've ... we've been fortunate that the business few times in the past talking basically grading colleges and ... how well they're teaching kids and what we're thinking of is the ... the core curriculum of math and English the sort of thing I know I just in time for back to school ... starting with tuitions tax of of you can save anybody this year from ... from a bad investment but the wicked of its Ubud ... for ... the spirit slid down the road in Britain colleges on their of ... how much they require people to wear these of these core subjects is that the different ... our ratings is called Loblaw by harnessing the unique concept in so much of what we bring in ... higher ed today is growing reputation ... and we think it's about time to really look at what is it ... that the university's actually adding it system going to be overcome out of the skills and knowledge ... that he or she needs to succeed in the marketplace ... and after reviewing a thousand schools across the country where finding that the results are pretty depressing pretty depressing to ... be a result the changes but they should also obviously it's very expensive so I first ... started dividing those issues with the chart ... you're looking at a ... distance getting their money's worth that to the public universities ... and the interesting layer of Barman it's ... it's not surprising the of the younger folks seem to think they're getting better deal than the older folks are against paying the bills at this point so ... let's start with a look it up ... Haverty College's about core requirements into ... economics and history of literature math ... core curriculum ... that's the that's a very pretty picture twenty percent have a history or U S government requirement you would've ... thought that was the core ... we discover and if you look at these ten thousand schools which are really the major universities across the country private and public ... five percent decline economics ... a less than twenty percent require ... U S history or government barely fifty percent require foreign language and intermediate level ... is a basic skills that students needed to get out ... to succeed the marketplace ... and I think what we're finding based on our over syrupy and that is the harsh reality that students ... are facing when they get out into the market because when we look at that age group twenty five to thirty four ... and ask them ... do you believe that station had a core curriculum that ensures that have exposure ... they said in a resoundingly percentages eighty percent of them now that they're out there trying to find a job and discovering perhaps they don't have the skills ... set you back we wish we had had a core curriculum Brett ... Ratten of the stock it with its upgrades your history your bets upgrades ... that we're short isn't the case tools these are ... with the judgment of ... how well the teacher particular item or ability of the instructors but this is basically a measurement of whether there ... whether that changing the core curriculum well that's right because well we are looking at sampling is a core curriculum in other words what are the septic system takes outside his major ... that are designed to provide the breadth and skills that they will need after graduation ... and so we look at seven core subjects economics math science American history and government ... literature composition and intermediate foreign language and we base our brains on how many of those core subjects and institutions and fell ... again and a half to have ... six or seven of those core courses and only nineteen and all those ... a thousand plus goals that we looked at ... were able to meet that standard the chair of the ... above the ... four grades of the sea for stiffer for friends and we think of this elite universities a ... Yale and Harvard get these in your ranking well absolutely and you said we're not looking at the entire sky when I'm reading the entire experience ... recently trading in terms of the general education requirement ... to what we're saying is AGL's may be a great still another way is hard to make the grade school in other ways when it comes to directing students to key areas of Knutzen County ... than not getting very good job ... and we think it's time really to show parents and consumers what skills are actually providing a strong academic freedom ... so those schools that do that ... are the ones that get the easing in the ... what do you say to someone says well it was over the celebrated schools Ivy League schools ... of age or gender studies and it was estimating that ... I've learned so much about the power relationships between men and women ... it is for it yet ... what is the simple answer to that I mean I would say it probably is the surly Apple mobile blood jobs but they did it so ... I think the simple answer really is that you look at what's happening in the marketplace and refining significant numbers of recent college graduates ... moving and other parents ... are not able to find a good job ... and clearly the market is responding saying that ... the students don't have the skills and knowledge that you or your city ... we seen and repeated to surveys by employers that twenty percent of partnership ... their association Collins universities ... basically one employee and employer said it again in large numbers ... of students did not have adequate skills ... how many times have we heard about employes history ... these kids can write an effect when they went to employees they said the full twenty five percent said ... that this did this writing skills we just efficient capital would be competitive in this global marketplace ... really need to be getting better ... the trouble of of of people were killed in the city and elsewhere to sleep The ... the ... surprisingly few ... numbers of ... kids who can write the letter is ... it's sort of shocking but I guess not shocking when you look at innovative ... accumulate so out ... there thanks for the shining light on the center where his parents are grateful that so thanks for joining us it is probably right let's talk little more about whether elite education is really old cracked up to be ... OK we're back with ... a few of our ... younger boys do with bristling been run through the experiment of American higher education and seemed to survive the word the law Joe rego of the editorial board in the fight to stop its wishes Liza ... system editor Opinion Journal dot com on ... a solid start to issue the most recent graduate of Stanford your alma mater didn't see ... I'm not ... present when we might save mediocre or worse but the team from your perspective is is is is trading with our to do what it was a ... was a core the view of ... that you would usually take advantage of ... I think there is an adaptive buybacks or out of her application package ... I mean that's that ... of the ... other day that is pretty pretty right time that there really wasn't anything required in ... literature her anything in our history economics ... meaning any force in our party ... composition ... TPK and some we are ... where and unrelated awesome really doesn't relate to riding at all ... families in Dinan's which is what I talk to listen ... to what with the outside the core curriculum so what's the use of ... some value there were ... Columbia University your alma mater of actually of fitness ... at least ... in in in in the US within the ugly contest for Freddie were cricket for so you know there still are certain things that will ... go on what is that it is so simple but the spirits did did you think that was the most valuable part of the experience I've been very much so and and and yes I think the the the the extent of his vision of ornaments that that the CTA said what to ... do craft perfectly onto the Columbia market the new model ... it goes back about a hundred years ... tends to focus more on ... um what what medical degree folks not so there's a lot of ... hostile forces in Yemen literature and ... indeed is true that there is to dismiss requirements are drawn out to include ... requirements ... in economics and requirements in an intermediate warming which is the basic form in which ... I've Colombia will famous for its going to find it so it doesn't have all those office ... what you sort of all the politics of the campus of before or after your arrival ... there does seem to be enormous pressure ... to go away from the core to go away from those great books on ... how I ... knew very little evidence of ... how is it right with stupid but it's a societal broke ... don't ... don't if you if you're an investor for four years or for any period of time you'll notice ... often talk to the end of long articles about the core ... by the US smattering one or two ... quotes from from donors saying ... you know I might have my objections I might be ... angry at Columbia for inviting ... Iranian prison up an image on campus but as long as the cores of their books essentially has seen before all continue to get money ... I think that ... while politically ... there there might be a push against ... kind of Western centric or more ... portions of the faculty ... the dollar's actually have a lot of ... there still are ... still kind of the guardians of the core curriculum ... Joe I'm going to ... be ... solid solid B of A sons but it is ... that it is ... I mean it ... I don't think academics are very important to be on ... I think ... I think I think that you know getting good grades prepares you get more than for its ... key to serve with only the academic environment but ... in terms of ... what schools are there I think it's a much broader purpose than just academics um so ... I think I'll ... having having rehearsed professors no matter what the subject is it's it's probably more important and saying we need to check off ... on all the boxes and then there's other qualities that the schools exist to impart ... um ... they're probably won more valuable ... and saying ... you know ... here ... look at the can and it's also what what what the report are great books that you were essentially forced or read what what otherwise and that of looking back now a good thing for the ... week or so ... um ... what I can see the sun ... the question of what they're ... in the information that these colleges are actually our kids to a ... question I wonder about some of these of elite schools is how much value there certainly is that it would be very selective in ... and bring in up of very intelligent people saw him score highly on test but ... you know is there really a way to measure up when we come out with a four pound bought a stake in its aggressive but what you're saying is if you think the environment there ... that was was more of an education than the actual court I think I think you know you talk about when you talk about intellectual on ... things like that are created clusters would get a lot of people together who concern from bouncing things off each other in an especially ... you know ... getting a punch kits together for all outperforming intense ... um you know that that's the things it's building connections its ... understanding sort of ... how things work and how to ... operate ... um ... I'm not I think that's a lot more valuable than that and ... maybe people people might think and younger ... people complain about the degradation of the college curriculum ... at least in my experience I didn't really see it ... this is a completely unscientific but based ... on your experience in the classmates of debenture that the lot and I have been passionate defenders of the great books or two ago ... did you get the sense that ... your fellow students I was at it ... appreciated that he resigned in first appreciated it with ur ... eyes of a popular is the campus ... it's a mixed bag and you said this is unscientific and Philip Michael and experiences is this some of the ticket to PLUNKET from sample ... since the Columbia tend to come on to campus it knowing about the club his reputation for student radicals who ... has a lot of ... a lot of ... that is positive pond reminiscence are her imaginings of nineteen sixty eight cents or whatever they have a sense of the widening of the party still ... to come in with that new ... often ... choose to become the core primarily they see it as I am as the asthe ... Libya Western centric and and I consider that it improperly our diverse ... and so is it that it tends to always be ... an object of some ... some controversy ... and yet ... has changed over the years there's no called global war requirement that that that ... that ... includes the ... six classes in in civilizations and cultures other than ... that of ancient Greece Rome ... and and while it's always a kind of certain Oil of controversy around it ... that's a big party just for students on and it doesn't actually change that ... Okamoto a ... wish of ... your ... alma mater is maybe straight for this from the core what what what's your sense of ... of the student body where they can of saying yes and and we wanna get rid of all requirements or was there I ... was there some appetite saying you know maybe of ... banana bread is swell near all this the interesting tension and at Stanford and on this topic to step on the Depping could make an easy and the math and science is the math and Sciences were pushing for more art classes their only use only ... there there was awesome Apple there's the ... White House and natural sciences ... and one in engineering which can be covered ... what we call but these are people who majored in film and ease the pop in and tell ... us in environmental engineering ... um ... and what they are making eighty one and more than an easier time and size of one or more science department ... in India and there's this kind of equilibrium that doesn't really work for anyone who was ... this question over the ... hard sciences math the verses you will easily I know this is a ... real issue and some kids is unlikely to IBM's latest report was referencing other ... there are rising up the ... numbers ... serve math and science requirements that may threaten the ... liberal arts education of ... the doors very valuable but ... then it also ... is probably the area that is the most room for Mr. in terms of ... trading ... activity but pursuits ... I hope that this was of the cases that are at your word that he ... the book ... moreover ridiculous ... time pursuits were in the liberal arts or but to ... forty seconds to our responded that he is ... I know I think that I think the hard sciences math ... economics on it's it's hard to come ... through in this they're they're just rigorous objects ... as it is ... I'm Economic I think ... the dollar gets ... easier for various will see you ... tomorrow five Eastern Opinion Journal Live